Management accounting : text, problems and cases

This new and updated edition of Management Accounting continues to provide a comprehensiveanalysis of the concepts, theories and techniques in a simple and lucid style in the framework of the Indianbusiness environment. The readers would benefit from reading basic accounting principles and practiceswhich are presented in a logical manner. The book is flourished with illustrative examples and reviewquestions for the students to understand and practice the various aspects of management accounting.

Part 1 Background 1. Nature of Management Accounting Part 2 Financial Accounting 2. Generally Accepted Accounting Principles and Accounting Standards 3. Accounting Cycle and Statements of Financial Information 4. Understanding Corporate Financial Statements and Reports Part 3 Financial Analysis 5. Cash Flow Statement 6. Financial Statements Analysis Part 4 Cost Accumulation 7. Cost Concepts and Management Needs 8. Costing and Control of Materials 9. Costing and Control of Labour 10. Costing and Control of Factory (Manufacturing) Overheads 11. Costing and Control of Administrative, Selling and Distribution Overheads 12. Activity Based Costing System 13. Job-order, Batch and Service Costing 14. Process, Joint and By-product Costing 15. Variable Costing and Absorption (Full) Costing Part 5 Profit Planning 16. Volume-Cost-Profit Analysis 17. Budgeting and Profit Planning Part 6 Cost Control 18. Standard Costs and Quality Costs 19. Cost Variances Analysis 20. Revenue and Profit Variance Analysis 21. Responsibility Accounting 22. Balanced Scorecard Part 7 Decision-Making 23. Short-run Decision Analysis 24. Capital Budgeting